Very interesting. This chip ban may discomfort China in the short run but it will really screw up the chip industry in the US. Kind of like Europe sanctioning itself from buy cheap natural gas. This is self-destructiveness run rampant, thanks, Mike Liston
"The specific condition for US success is that the target of export controls must have a sufficiently weak political will to abandon its intention to develop the industry in question immediately … However, China has both the will and an unmatched capacity for industrial policymaking to drive and guide the development of its own alternative technologies. Chinese companies and industries have long since begun the production of related products but are currently in the uncomfortable position of being constrained by the superior and more mature products of US companies. The subtlety of US bans is that it is the US government, rather than the Chinese government, that has helped these companies to achieve the effective exclusion of their competitors from the Chinese market which will, allow Chinese companies, in the medium-to-long term, to grow even faster and invest even more in R&D". Shen Yi (沈逸) and Mo Fei (莫非), Fudan University.
Very interesting. This chip ban may discomfort China in the short run but it will really screw up the chip industry in the US. Kind of like Europe sanctioning itself from buy cheap natural gas. This is self-destructiveness run rampant, thanks, Mike Liston
"The specific condition for US success is that the target of export controls must have a sufficiently weak political will to abandon its intention to develop the industry in question immediately … However, China has both the will and an unmatched capacity for industrial policymaking to drive and guide the development of its own alternative technologies. Chinese companies and industries have long since begun the production of related products but are currently in the uncomfortable position of being constrained by the superior and more mature products of US companies. The subtlety of US bans is that it is the US government, rather than the Chinese government, that has helped these companies to achieve the effective exclusion of their competitors from the Chinese market which will, allow Chinese companies, in the medium-to-long term, to grow even faster and invest even more in R&D". Shen Yi (沈逸) and Mo Fei (莫非), Fudan University.